Solve the final accounts with need and clean

Dear student
TRADING AND PROFIT AND LOSS ACCOUNT 
FOR THE YEAR ENDING 31ST MARCH, 2019
 

PARTICULARS	AMOUNT	PARTICULARS	AMOUNT
To purchases                8,22,525 Add: additional purchases 6,000	8,28,525	By sales	12,72,000
To opening stock	1,33,625	By closing stock	70,000
To wages           1,15,685 Add: outstanding  10,000	1,25,685
To power	6,750
To gross profit	2,47,415
	13,42,000		13,42,000
To salary            21,815 Add: outstanding 3,500	25,315	By gross profit	2,47,415
To postage	21,130	By old provision on doubtful debt A/C	20,000
To bad debts     2,625 Add: additional 2,500	5,125
To new provision for doubtful debt	12,425
To trade expenses	29,155
To goods destroyed by fire	2500
To depreciation on furniture A/C	3225
To net profit	1,68,480
	2,67,415		2,67,415

BALANCE SHEET 
AS ON 31ST DECEMBER 2019

LIABILITIES	AMOUNT	ASSETS	AMOUNT
Capital   50,000 Less; drawings (22,260) Add: net profit 1,68,480	1,96,220	Debtors                                        2,51,000 Less: bad debts                             (2,500) Add: extra provision (20,000-12,425) 7,575	2,56,075
Outstanding wages	10,000	Furniture     32,250 Less: depreciation (3,225)	29,025
outstanding salaries	3,500	closing stock	70,000
creditors      1,52,630  Add: additional 6,000	1,58,630	cash	50,000
bill payable	15,750
loan	15,000
goods destroyed by fire	2,500
total	4,01,600	total	4,01,600

WORKING NOTE:
$$\begin{gathered} PROVISION FOR BAD DEBT: \\ Debtors = 2,51,000 \\ Less: bad debts = (2,500) \\ net debtors = 2,48,500 \\ provision for bad debts \left(new\right) = 2,48,500\times \frac{5}{100}=12,425 \end{gathered}$$
Regards